- Gold prices rose to $3,719 per ounce, gaining nearly 42% over the past year.
- Silver also increased, up about 40% in twelve months, closely tracking gold’s performance.
- Central banks, retail, and institutional investors have steadily purchased gold for three years, supporting high demand.
- Gold outperformed major U.S. stock indices, which saw more modest gains during the same period.
- Analysts predict gold could reach $4,000 per ounce by 2026 as buying continues and reliance on the U.S. dollar decreases.
Gold prices climbed to $3,719 per ounce on Monday, with a surge of 0.92% in a single day, according to the XAU/USD index. The precious metal has risen nearly 42% over the past year, bringing significant returns to investors.
Silver followed as the second highest performer in commodity markets this year, rising about 40% over the same twelve-month period. Both gold and silver remain in high demand, showing continued strength with no signs of weakening, and attracting positive sentiment from traders.
Analysts have long forecasted that gold would surpass the $3,700 mark by year-end. Several leading banks and strategists now project that prices could reach $4,000 per ounce by 2026. As stated in the report, “Traders are still bullish on both assets and are riding the wave of profits.”
Over the past three years, central banks, retail investors, and institutional funds have consistently accumulated gold. This steady buying has kept downward price movements limited, as demand continues to rise. Central banks, in particular, have purchased large quantities of gold to diversify their reserves and reduce dependence on the U.S. dollar, favoring gold as a traditional safe-haven asset and inflation hedge.
Compared to the U.S. stock market, gold has delivered much stronger gains. The Dow Jones rose 9% over the past year, the Nasdaq Composite gained 26%, and the S&P 500 increased by 16%. By contrast, gold’s price surged 42% in the same timeframe.
Market observers indicate that investors remain interested in entering gold positions, which could continue to push prices higher. As traders and institutions maintain their focus on gold, and central banks continue to purchase the metal, the outlook for gold remains strong.
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